The global hydrogen powered tractor market was valued at USD 1.70 Billion in 2025. The industry is expected to grow at a CAGR of 12.50% during the forecast period of 2026-2035 to attain a valuation of USD 5.52 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
12.5%
Value in USD Billion
2026-2035
*this image is indicative*
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A hydrogen powered tractor refers to a tractor that uses hydrogen as its primary power source. Tractors are large and sturdy vehicles that are used for a variety of agricultural tasks like harrowing, tilling, ploughing, and planting, and carrying heavy loads across agricultural lands. They are also used in mining and other industries to transport bulky loads particularly on uneven lands. Hydrogen is used in fuel cells, which use hydrogen and oxygen to react to produce mechanical energy and power motors.
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The EMR’s report titled “Hydrogen Powered Tractor Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Installation
Market Breakup by Application
Market Breakup by Region
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Proton exchange membrane fuel cells (PEMFC) are expected to account for a sizable share of the market for hydrogen powered tractors based on product due to their high power density and low weight. As they can be operated in relatively low temperatures, they can start up quickly with less warming time required. The need for PEMFC will be further fuelled by the rise of commercial, medium, light, and heavy-duty vehicles with extremely low-harmful discharges.
Agriculture applications are anticipated to witness significant growth in the market for hydrogen powered tractors to improve agricultural output, reduce need for labour, and lower operational costs. Hydrogen fuel cell technologies can be applied to agricultural tractors to replace internal combustion engines and reduce emissions without the drawbacks associated with large electric vehicle batteries. Increased mechanisation of agricultural activities and rising use of tractors in various agricultural tasks are anticipated to spur the hydrogen powered tractor market growth.
CNH Industrial N.V., headquartered in London, United Kingdom, creates ground-breaking products and services for the building and agricultural industries. Founded in 2012, the company designs, manufactures, sells, and finances buses, specialty vehicles, commercial vehicles, and axles.
Kubota Corporation, founded in 1890 and headquartered in Osaka, Japan, produces and markets a variety of industrial and consumer goods in Japan and other Asian nations. The company's farm and industrial machinery section offer farm equipment, agricultural accessories, engines for farming, industrial machinery, and outdoor power equipment.
AGCO Corporation, headquartered in Georgia in the United States and founded in 1990, is a world leader in the design, production, and distribution of intelligent solutions for sustainable agriculture. It has a wide range of tractors, seeding and tillage tools, grain storage, combine harvesters, hay and forage equipment, and protein production systems.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Buhler Versatile Inc. and Terberg Benschop B.V., among others.
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The major drivers of the market include the support of various governments for agricultural activities, increase in research and development activities related to hydrogen fuel cell technology, and high suitability of hydrogen as fuel.
Increase in mechanisation of agricultural activities and the growing concerns related to greenhouse gas emissions are the key trends propelling the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, and the rest of the world.
The various products of hydrogen powered tractors in the market are solid oxide fuel cell, phosphoric acid fuel cell, and proton exchange membrane fuel cell, among others.
The primary types of hydrogen powered tractors are OEM and retrofit.
The major applications of hydrogen powered tractors in the market are mining, agriculture, and industries, among others.
Hydrogen refuelling can be done within minutes, by connecting the vehicle with a refuelling pump.
The major players in the hydrogen powered tractor market are CNH Industrial N.V., Buhler Versatile Inc., Kubota Corporation, AGCO Corporation, and Terberg Benschop B.V., among others.
In 2025, the market attained a value of nearly USD 1.70 Billion.
The market is assessed to grow at a CAGR of 12.50% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 5.52 Billion by 2035.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Installation |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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